Working capital management refers specifically to:
A) Obtaining the necessary funds to finance a firm's long term activities.
B) The daily use of a firm's fixed assets to generate revenue.
C) The oversight of a firm's current accounts.
D) The management of a firm's loan accounts from financial institutions.
E) The utilization of a firm's assets daily.

Question

Quizplus · Accepted Answer

Working capital management involves the oversight of a firm's current accounts, including assets and liabilities, to ensure that it has sufficient liquidity to meet its short-term obligations and operational needs.

Working Capital Management Refers Specifically To